- 12 Aug 2013 22:57
#14287113
A society without toil. A society of robotic property.
The core of communism is collective proletariat control of the means of production. In the socialist mode of production, when all business is controlled and administered by the state for the collective interest of workers, the main issue of the government becomes production and allocation, in other words issues of supply and distribution.
When socialism does this it no longer relies on the demand of consumers to send price signals for private interests to react to, but instead calculates based on the notion of need. Demand, in the economics sense of what we are able and willing to buy, no longer comes into economic calculation, because allocation is done on the basis of what the planners (with the same class interests as the workers) decide we need instead. The issue then becomes meeting the production requirements for fulfilling these need quotas, meaning that when centrally planned socialism is progressing to communism and giving up monied interests, it is writing the economic concept of demand out of the picture, and replacing it with a supply side drive to meet selected numbers.
In this way, Karl Marx and Margaret Thatcher converge.
When socialism does this it no longer relies on the demand of consumers to send price signals for private interests to react to, but instead calculates based on the notion of need. Demand, in the economics sense of what we are able and willing to buy, no longer comes into economic calculation, because allocation is done on the basis of what the planners (with the same class interests as the workers) decide we need instead. The issue then becomes meeting the production requirements for fulfilling these need quotas, meaning that when centrally planned socialism is progressing to communism and giving up monied interests, it is writing the economic concept of demand out of the picture, and replacing it with a supply side drive to meet selected numbers.
In this way, Karl Marx and Margaret Thatcher converge.
A society without toil. A society of robotic property.